May 6, 2025

Bitcoin Price Drops as Whales Liquidate 9,500 BTC on Binance

1 min read

Bitcoin whales are converting their holdings into cash, contributing to a drop in Bitcoin prices. Recently, two wallets transferred approximately 9,500 BTC to Binance since June 27, potentially liquidating around $550 million worth of cryptocurrency. Blockchain analysis firm Lookonchain identified these wallets, indicating a significant offloading of Bitcoin assets by whales. Discover how massive Bitcoin

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Source: CoinOtag

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